OCSL Stock Summary and Trading Ideas (Oaktree Specialty Lending - Closed End | NASDAQ:OCSL)

Oaktree Specialty Lending Corp is a specialty finance company. The company provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. The company provides customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets.

Oaktree Specialty Lending - Closed End trades on the NASDAQ stock market under the symbol OCSL.

As of December 12, 2024, OCSL stock price climbed to $16.23 with 484,712 million shares trading.

OCSL has a beta of 0.41, meaning it tends to be less sensitive to market movements. OCSL has a correlation of 0.07 to the broad based SPY ETF.

OCSL has a market cap of $1.33 billion. This is considered a Small Cap stock.

Last quarter Oaktree Specialty Lending - Closed End reported $95 million in Revenue and $.55 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.01.

In the last 3 years, OCSL traded as high as $23.43 and as low as $15.40.

The top ETF exchange traded funds that OCSL belongs to (by Net Assets): BIZD, VPC.

OCSL has underperformed the market in the last year with a price return of -9.3% while the SPY ETF gained +32.3%. OCSL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.3% and -0.3%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

OCSL support price is $15.97 and resistance is $16.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OCSL shares will trade within this expected range on the day.